Online application for exemption under Section 80G – CBDT

The income tax laws exempt from income tax, any income received by any person, on behalf of any fund or institution established for charitable purposes or any trust established wholly for public, religious and charitable purposes or any educational institution existing solely for educational purposes. For this, the fund, trust or institution, should have obtained an approval from the Principal Commissioner or Commissioner of Income Tax by filing an application manually in this regard. It has been proposed that manual filing of these forms be done away with so as to ensure quicker processing of the applications and thereby reduce the interface between the department and the applicant.

“In view of the digital advancement that the government in general, and the income tax department in particular, have made, it is imperative that manual filing of these applications should be done away with so, as to ensure not only faster processing of the same but also to reduce interface between the department and the applicant,” the Central Board of Direct Taxes (CBDT) said in a statement.